Categories Earnings, Health Care

Regeneron Pharmaceuticals (NASDAQ: REGN): Q3 2019 Earnings Snapshot

— Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) reported its third-quarter 2019 adjusted earnings of $6.67 per share versus $6.36 per share expected.

— Total revenues grew by 23% to $2.05 billion versus $1.99 billion expected. Eylea sales increased by 16% to $1.19 billion.

Regeneron Pharmaceuticals (REGN) Q3 2019 Earnings Review

— Dupixent sales, which soared by 141% to $633 million, drove higher profitability from antibody collaboration with Sanofi.

— Looking ahead into the full year 2019, the company lowered the Sanofi collaboration revenue outlook to the range of $490 million to $510 million from the prior range of $500 million to $530 million.

— Unreimbursed R&D expense, on a reported basis, is now expected to be $2.36 billion to $2.41 billion, and SG&A expense is now predicted to be between $1.73 billion and $1.78 billion for 2019.

— The forecast for capital expenditure is tightened to the range of $390 million to $420 million from the previous range of $380 million to $420 million for the full year.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

NeOnc Technologies plans to go public through direct listing

NeOnc Technologies Holdings Inc., a privately held clinical-stage biotechnology company that develops therapies to improve the treatment of brain tumors and central nervous system diseases, is preparing to become a

Chewy (CHWY): A few factors that work in favor of this pet supplies retailer

Shares of Chewy, Inc. (NYSE: CHWY) were down over 1% on Tuesday. The stock has gained 72% over the past 12 months. The company delivered sales and earnings growth for

Amazon looks set for another strong year as cloud and ads boom

Taking a cue from the AI frenzy, Amazon.com Inc. (NASDAQ: AMZN) has adopted a growth strategy focused on expanding generative AI capabilities, through initiatives like the recent expansion of its

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close